VEU vs. ACWX ETF Comparison

Comparison of Vanguard FTSE All World Ex US ETF (VEU) to iShares MSCI ACWI ex US Index Fund (ACWX)

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$59.19

Average Daily Volume

2,076,190

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

ACWX

iShares MSCI ACWI ex US Index Fund

ACWX Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index ex USA (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.81

Average Daily Volume

861,512

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VEU	ACWX
30 Days	-2.58%	-2.47%
60 Days	-4.08%	-3.95%
90 Days	-3.78%	-3.67%
12 Months	12.95%	12.80%

27 Overlapping Holdings

Symbol	Grade	Weight in VEU	Weight in ACWX	Overlap
AGCO	D	0.02%	0.02%	0.02%
BABA	D	0.72%	0.65%	0.65%
BGNE	D	0.04%	0.04%	0.04%
BIDU	F	0.09%	0.09%	0.09%
BILI	D	0.02%	0.02%	0.02%
CHT	D	0.02%	0.05%	0.02%
CHT	D	0.03%	0.05%	0.03%
HDB	C	0.4%	0.33%	0.33%
HMC	F	0.17%	0.15%	0.15%
IBN	C	0.21%	0.3%	0.21%
LI	F	0.05%	0.05%	0.05%
MBAVU	D	0.02%	0.01%	0.01%
MFG	B	0.18%	0.22%	0.18%
MUFG	B	0.41%	0.5%	0.41%
NIO	F	0.02%	0.02%	0.02%
NMR	B	0.05%	0.07%	0.05%
SMFG	B	0.27%	0.34%	0.27%
SONY	B	0.37%	0.44%	0.37%
TCOM	B	0.12%	0.13%	0.12%
TM	D	0.71%	0.69%	0.69%
TME	D	0.03%	0.03%	0.03%
UMC	F	0.03%	0.06%	0.03%
UMC	F	0.03%	0.06%	0.03%
WIT	A	0.01%	0.03%	0.01%
WIT	A	0.02%	0.03%	0.02%
XPEV	C	0.03%	0.03%	0.03%
YUMC	C	0.06%	0.07%	0.06%

VEU Overweight 79 Positions Relative to ACWX

Symbol	Grade	Weight
NVS	D	0.77%
HSBH	B	0.59%
UL	D	0.52%
TD	F	0.34%
SHOP	B	0.33%
ABBV	D	0.31%
PDD	F	0.3%
DEO	F	0.24%
CNI	D	0.21%
BCS	C	0.16%
WCN	A	0.16%
LYG	F	0.15%
FLUT	A	0.14%
VALE	F	0.12%
INFY	B	0.12%
E	F	0.12%
GOLD	D	0.11%
STLA	F	0.1%
SW	A	0.09%
ITUB	F	0.06%
BEKE	D	0.05%
XRX	F	0.05%
KB	B	0.04%
SHG	D	0.04%
KB	B	0.04%
LOGI	D	0.04%
BBD	D	0.03%
VALE	F	0.03%
QGEN	D	0.03%
PKX	F	0.03%
AEI	D	0.02%
BZ	F	0.02%
TAL	F	0.02%
VIPS	F	0.02%
BCH	F	0.02%
ABEV	F	0.02%
ERJ	B	0.02%
ASAI	F	0.02%
YMM	C	0.02%
SHG	D	0.02%
PBR	C	0.02%
ATHM	D	0.01%
GGB	C	0.01%
GDS	C	0.01%
SQM	F	0.01%
BSAC	F	0.01%
LPL	F	0.01%
GGB	C	0.01%
RDY	F	0.01%
CSAN	F	0.01%
KEP	B	0.01%
BRFS	D	0.01%
SBSW	D	0.01%
TSM	B	0.01%
CIB	B	0.01%
ABEV	F	0.01%
CX	D	0.01%
QFIN	B	0.01%
ATHM	D	0.0%
JEWL	F	0.0%
BAK	F	0.0%
ASAI	F	0.0%
ENIC	D	0.0%
ELP	F	0.0%
SID	F	0.0%
TS	B	0.0%
WB	D	0.0%
TAK	F	0.0%
EC	D	0.0%
MNTX	C	0.0%
VIV	F	0.0%
CIG	C	0.0%
YY	C	0.0%
DQ	F	0.0%
PIXY	F	0.0%
AKO.A	F	0.0%
IQ	F	0.0%
RLX	C	0.0%
KEP	B	0.0%

VEU Underweight 1 Positions Relative to ACWX

	Symbol	Grade	Weight
	MNSO	F	-0.01%